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<p>[QUOTE=&quot;ambr0zie, post: 8229971, member: 80952&quot;]I do not have 4 digit price coins.</p><p>And not even a handful of 3 digit price coins. </p><p>And in this price range I have been able to develop a nice collection that I am happy with. </p><p><br /></p><p>My theory in regards to this situation -&nbsp; a bidding war between 2 collectors who did not want to lose because of pride. Saw a lot of coins in auctions with this outcome, even in the recent ones. And if both are rich and (to put it mildly) uninformed, $1,560 means for them what winning a $20 normal valued coin with $35 means for me. I did this, not often, but there were auctions where I decided I <i>need</i> to buy a coin, especially when the auction was not successful until then. </p><p>But I avoided bidding wars that were absurd in my opinion. </p><p>For coins with a <i>normal</i> price higher than 50 EUR, if I want one, badly, I don&#039;t pay more than 70 EUR. And only if the coin is a major target for me. </p><p><br /></p><p>Here is an example that was, in my opinion, an absurd bidding war. </p><p>I have no idea if the winner actually paid it, as the winning bid was a proxy/pre</p><p>But on the live auction somebody wanted to bid 480 EUR. </p><p><br /></p><p>[ATTACH=full]1446698[/ATTACH]</p><p><br /></p><p>There is also the case when people who have no idea about ancient coins are convinced that all of them have prices of hundreds of thousands but usually they don&#039;t buy, they just share their vast knowledge.[/QUOTE]</p><p><br /></p>

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